Ascletis Announces Appointment of Mr. John P. Gargiulo, Former North America President and CEO of Daiichi Sankyo, as Chief Business Officer | News


HANGZHOU, China and SHAOXING, China, June 12, 2022 /PRNewswire/ — Ascletis Pharma Inc. (HKEX: 1672, “Ascletis”), currently announces the expansion of management staff with appointment of Mr. John P. Gargiulo, previous North The usa President and CEO of Daiichi Sankyo, as Chief Business enterprise Officer. Mr. John P. Gargiulo will lead Ascletis’ corporate business improvement and alliance administration in this new function and report to Dr. Jinzi J. Wu, PhD, Founder, Chairman and CEO of Ascletis.

Mr. John P. Gargiulo has more than 30 decades of profitable encounter in internet marketing methods, enterprise integration and professional functions in global pharma/biotech field. He has held various senior positions with increasing accountability for 18 many years at Daiichi Sankyo, where he made a transformative contribution in driving Daiichi Sankyo’s U.S. small business from the pretty starting to an set up pharma when he served as North The usa President and CEO of Daiichi Sankyo.

“John is a veteran in our marketplace. His demonstrated keep track of document in business enhancement and industrial operation will further strengthen our management crew. We are quite enthusiastic to have his on-board as Ascletis is advancing in the frontiers with a focus on viral illnesses, NASH/PBC and oncology. Together with the collaborations we presently created globally, this new appointment will even further speed up Ascletis’ future stage of growth as we be expecting to launch multiple commercial goods in the subsequent a few yrs,” stated Dr. Jinzi J. Wu, PhD, Founder, Chairman and CEO of Ascletis.

“Ascletis has obtained an spectacular advancement less than the management of Dr. Jinzi J. Wu. I’m pretty happy to be part of the administration team, and assume to increase the price of Ascletis via its strong pipeline and a lot more strategic collaborations,” mentioned Mr. John P. Gargiulo, Chief Organization Officer of Ascletis.

Mr. John P. Gargiulo attained an MBA Diploma and graduated as Fuqua Scholar from Fuqua College of Enterprise, Duke College. He graduated Magna cum Laude from Boston School with a Bachelor Degree of Economics.

About Ascletis

Ascletis is an innovative R&D driven biotech shown on the Hong Kong Inventory Trade (1672.HK), masking the full value chain from discovery and enhancement to manufacturing and commercialization. Led by a management crew with deep experience and a established observe file, Ascletis focuses on three therapeutic spots with unmet healthcare demands from a world wide point of view: viral conditions, non-alcoholic steatohepatitis (NASH) and oncology. By means of fantastic execution, Ascletis rapidly advances its drug pipeline with an intention of major in world levels of competition. To date, Ascletis has a few promoted solutions, i.e. ritonavir tablets, GANOVO® and ASCLEVIR®, and 20 drug candidates in its R&D pipeline. The most superior drug candidates contain ASC22 (HBV functional cure), ASC10 and ASC11(oral modest molecules for COVID-19 treatment method), ASC40 (recurrent glioblastoma), ASC42 (PBC, major biliary cholangitis), and ASC40 (zits).

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